Budget Summary & Trends

The 2014-15 budgeted revenues total $78.4 million and include the following major components for the governmental fund types:

Local Property Tax – 21%

Federal Aids/Grants – 20%

Tuition and Fees – 13%

State Aids/Grants – 34%

Debt Proceeds – 7%

Institutional Revenues – 5%

As noted, the State Aids revenue represents the major source of support for the general operation and capital needs of Moraine Park
for 2014-15. Effective for 2014-15, Governor Walker utilized excess state
revenues to "buy down" the taxing authority within the Wisconsin Technical
College System. As such, the total Moraine Park tax levy for 2014-15 was
reduced by $20.6 million and budgeted as additional state aids. The following table documents related trend data:

Mill Rate

Tax Year

Total Levy

% Change

Equalized Value

% Change

Operational

Debt

Total

2014-15

$16,028,400

(55.89)

$23,160,025,338

0.00

0.43300

.25907

0.69207

2013-14

$36,337,317

0.53

$23,110,860,722

(1.50)

1.31268

.25962

1.57230

2012-13

$36,147,317

0.56

$23,462,802,763

(3.33)

1.28490

.25572

1.54062

2011-12

$35,947,317

(0.14)

$24,272,056,133

(1.83)

1.24206

.23896

1.48102

2010-11

$35,997,317

2.80

$24,725,264,984

(2.16)

1.21929

.23660

1.45589

2009-10

$35,016,845

3.99

$25,270,475,530

1.77

1.15716

.22852

1.38568

2008-09

$33,673,281

4.00

$25,077,484,948

3.80

1.10184

.24093

1.34277

The Mill Rate calculation is the ratio of total levy to equalized value
multiplied by 1,000. Therefore, a taxpayer with a home valued at
$150,000 will pay $103.81 to support Moraine Park for the 2014-15 tax year.
This compares to a payment of $235.35 for the previous year — a decrease
of $131.54.

The 2014-15 budgeted expenditures total $83.5 million and include the following major components for the governmental fund types: